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base info Dai

Dai to Trinidad and Tobago Dollar Converter and calculator

Convert 1Dai (DAI) to Trinidad and Tobago Dollar (TTD) equals $ 6.78 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Dai(DAI) to Trinidad and Tobago Dollar(TTD). This is the real-time data. The current conversion shows 1 DAI at a value of 1 DAI for 6.78 TTD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

TTD information

About Trinidad and Tobago Dollar (TTD)

The Trinidad and Tobago Dollar (TTD), introduced in 1964, is more than just the official currency of Trinidad and Tobago; it represents the nation's unique cultural diversity and its journey towards economic development. It is commonly abbreviated as TTD and represented by the symbol TT$. Replacing the British West Indies Dollar, the Trinidad and Tobago Dollar was established shortly after the country gained independence, marking a significant step in its pursuit of economic sovereignty.

Historical Background

The introduction of the Trinidad and Tobago Dollar was a key development in post-independence Trinidad and Tobago. It signified the nation's break from its colonial past and was instrumental in laying the groundwork for an independent monetary system. The Trinidad and Tobago Dollar was a manifestation of the new nation's aspirations to build a robust and diversified economy.

Design and Symbolism

The design of the Trinidad and Tobago Dollar reflects the country's rich history, cultural heritage, and natural beauty. Banknotes and coins feature images of notable historical figures, native wildlife, and landmarks. These designs do more than facilitate financial transactions; they narrate stories of the nation's past and present, fostering a sense of identity and pride.

Economic Role

The Trinidad and Tobago Dollar plays a central role in the nation’s economy, which is driven primarily by oil and natural gas production. As the primary medium of exchange, it supports these and other key sectors, including tourism, manufacturing, and services, enabling trade and investment. The stability of the Dollar is crucial for the country's economic health and investor confidence.

Monetary Policy and Stability

Managed by the Central Bank of Trinidad and Tobago, the Dollar has faced various economic challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency and control inflation, supporting sustainable economic growth and maintaining public confidence.

International Trade and the Trinidad and Tobago Dollar

In international trade, the value of the Dollar is crucial, particularly for Trinidad and Tobago's exports like petroleum, petrochemicals, and liquefied natural gas. A stable Dollar is essential for maintaining competitive export prices and attracting foreign direct investment.

Remittances and Economic Impact

Remittances from Trinidadians and Tobagonians living abroad, especially in the United States, Canada, and the UK, are a significant source of foreign income. These remittances, converted into Dollars, support many families and contribute to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular Dai currency pair is the DAI to TTD, with for Dai's currency code being DAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for TTD.

DAI to TTD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Dai has changed +0.02% to TTD. Based on the trend and price charts, Dai(DAI) has changed +0.02% to TTD while Trinidad and Tobago Dollar(TTD) has changed % to DAI in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$6.77
0.0001% / 0.0004%vip-iconVIP
Kraken
$6.77
0.1000% / 0.1000%
Yes
OKX
$6.78
0.080% / 0.100%
Yes
Huobi
$6.78
0.1000% / 0.1000%
Yes
Gate.io
$6.76
0.1000% / 0.1000%
Yes
Bybit
$6.77
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 16:00:29(UTC+0)

What factors influence the conversion rate of Dai to Trinidad and Tobago Dollar?

Dai to Trinidad and Tobago Dollar is rising this week.
Dai's current market price is $ 6.78 per DAI, with a total market cap of $ 36,243,939,013.38 TTD based on a circulating supply of 5,347,888,600 DAI. The trading volume of Dai has changed by -6.06% ($ -387,857,153.82 TTD) in the last 24 hours. Last trading day, DAI's trading volume was $ 6,399,438,256.06.
Market cap
$5.35B
24h volume
$887.24M
Circulating supply
5.35B DAI

Conversion tables

The exchange rate of Dai is increasing.
1 DAI is currently valued at $ 6.78 TTD , which means buying 5 DAI will cost $ 33.89 TTD . Similarly, $1 TTD can be traded for 0.1476 DAI, and $50 TTD can be converted to 7.38 DAI, excluding any platform or gas fees.
The exchange rate of 1 DAI to Trinidad and Tobago Dollar has changed by +0.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.02%, reaching a high of 6.78 TTD and a low of 6.78 TTD . One month ago, the value of 1 DAI was $ 6.78 TTD , which represents a +0.02% change from its current value. Over the last year, Dai has changed by
+$
0.006088TTD
, resulting in a change of +0.09% in its value.

DAI to TTD

Amount
16:59 today
0.5 DAI
$3.39
1 DAI
$6.78
5 DAI
$33.89
10 DAI
$67.77
50 DAI
$338.86
100 DAI
$677.72
500 DAI
$3,388.62
1000 DAI
$6,777.24

TTD to DAI

Amount16:59 today
0.5TTD0.07378  DAI
1TTD0.1476  DAI
5TTD0.7378  DAI
10TTD1.48  DAI
50TTD7.38  DAI
100TTD14.76  DAI
500TTD73.78  DAI
1000TTD147.55  DAI
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Today vs. 24 hours ago

Amount16:59 today24 hours ago24h change
0.5 DAI$0.5001$0.5000
+0.02%
1 DAI$1$1
+0.02%
5 DAI$5$5
+0.02%
10 DAI$10$10
+0.02%
50 DAI$50.01$50
+0.02%
100 DAI$100.02$100.01
+0.02%
500 DAI$500.12$500.04
+0.02%
1000 DAI$1,000.24$1,000.08
+0.02%

Today vs. 1 month ago

Amount16:59 today1 month ago1M change
0.5 DAI$0.5001$0.5000
+0.02%
1 DAI$1$1
+0.02%
5 DAI$5$5
+0.02%
10 DAI$10$10
+0.02%
50 DAI$50.01$50
+0.02%
100 DAI$100.02$100.01
+0.02%
500 DAI$500.12$500.03
+0.02%
1000 DAI$1,000.24$1,000.06
+0.02%

Today vs. 1 year ago

Amount16:59 today1 year ago1Y change
0.5 DAI$0.5001$0.4997
+0.09%
1 DAI$1$0.9993
+0.09%
5 DAI$5$5
+0.09%
10 DAI$10$9.99
+0.09%
50 DAI$50.01$49.97
+0.09%
100 DAI$100.02$99.93
+0.09%
500 DAI$500.12$499.67
+0.09%
1000 DAI$1,000.24$999.34
+0.09%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.